Cost of living comparison
Iceland is 95.1% more expensive than Japan.
If you lived in Iceland instead of Japan, you would:
pay 2.9 times more for restaurants
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.59
¥937
|
$19.51
ISK2,638
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.91
¥699
|
$16.45
ISK2,223
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.01
¥144
|
$2.70
ISK365
|
|
| Bottle of water (11 fl. oz) |
$0.80
¥113
|
$1.95
ISK264
|
|
pay 41.2% more for groceries
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.40
¥200
|
$3.16
ISK426
|
|
| Local cheese (8 oz) |
$5.54
¥788
|
$6.72
ISK908
|
|
| Milk (1 gallon) |
$5.14
¥730
|
$6.27
ISK848
|
|
|
Eggs
1 dozen
|
$1.99
¥282
|
$6.03
ISK815
|
|
| Boneless chicken breast (1 lb) |
$2.58
¥367
|
$7.60
ISK1,027
|
|
| Apples (1 lb) |
$1.93
¥274
|
$1.13
ISK152
|
|
| Bananas (1 lb) |
$1.11
¥157
|
$1.01
ISK136
|
|
| Oranges (1 lb) |
$1.76
¥251
|
$1.15
ISK156
|
|
| Tomatoes (1 lb) |
$1.80
¥256
|
$1.71
ISK232
|
|
| Potatoes (1 lb) |
$1.11
¥158
|
$1.13
ISK153
|
|
| Onions (1 lb) |
$0.90
¥128
|
$0.68
ISK92
|
|
pay 48.7% more for transportation
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.17
¥593
|
$8.42
ISK1,138
|
|
| Monthly public transit pass |
$60.62
¥8,618
|
$68.29
ISK9,231
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$21,439.97
¥3,047,821
|
$39,714.69
ISK5,368,235
|
|
| Taxi trip in downtown area (5 miles) |
$24.44
¥3,474
|
$23.23
ISK3,140
|
|
pay 2.5 times more for housing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.46
¥4,756
|
$74.47
ISK10,067
|
|
| 1-Bedroom apartment in downtown area |
$480.50
¥68,306
|
$1,518.94
ISK205,315
|
|
| 1-Bedroom apartment outside city center |
$321.68
¥45,728
|
$1,325.48
ISK179,165
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.01
¥15,212
|
$66.99
ISK9,055
|
|
pay 19.2% less for childcare
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$240.59
¥34,202
|
$254.97
ISK34,464
|
|
| Middle school for 1 child, two semesters |
$10,805.94
¥1,536,129
|
$5,993.83
ISK810,185
|
|
pay 2.1 times more for entertainment and sports
|
Japan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.60
¥370
|
$9.37
ISK1,267
|
|
| Cappuccino in mid-range area |
$2.74
¥390
|
$4.61
ISK624
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.86
¥549
|
$11.22
ISK1,516
|
|
| Monthly membership at local gym |
$55.52
¥7,893
|
$60.00
ISK8,110
|
|
| Movie ticket to theater/cinema |
$11.57
¥1,645
|
$13.94
ISK1,884
|
|
pay 2.5 times more for clothing
|
Japan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.65
¥5,495
|
$108.23
ISK14,630
|
|
|
Regular dress
from H&M or similar store
|
$25.96
¥3,690
|
$59.73
ISK8,074
|
|
|
Running shoes
Nike or Adidas
|
$52.99
¥7,533
|
$146.94
ISK19,862
|
|
| Men's business shoes (leather) |
$85.48
¥12,151
|
$169.24
ISK22,876
|
|
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